"The country's affluent class in the super prime (having more than $50 million ) category also grew by 21 percent between 20," it added. ![]() "India's wealthy population in the prime (having more than $5 million) category rose to 47,720 individuals between 20 recording 21 percent growth which is more than double the global average (9 percent) and one and half times the Asia average (14 percent)," it said. "Mumbai and Delhi would be among the top 10 markets to witness the highest addition in households earning more than $250,000 annually between 20," the report said. The report went on to add that India would be the third-largest contributor in Asia with regards to the wealthy population after China and Japan. India ranks 3rd in Forbes world's billionaires' list, Mukesh Ambani richest Indian with assets worth $40 bn As per the Knight Frank's Wealth Report 2018, the 'city wealth index' takes into consideration four major indicators for ranking - Wealth, investments, lifestyle and future. In terms of the top 20 costliest global cities, where $1 million can buy only 92 square metres of area, Mumbai has been ranked at 16th position. ![]() ![]() New Delhi: An independent global property consultancy, in a city wealth index report, ranked India's financial capital Mumbai at 47th spot out of 314 cities across the globe. Mumbai gets 47th spot in new global city wealth index report | Photo Credit: BCCL
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